Bolivia nationalized the company that runs the three largest airports in Bolivia because the government claims the company did not invest in improving the airports.

Servicios de Aeropuertos Bollivianos SA (Sabsa) is a division of Spain's Abertis Infraestructure SA but Sabsa is also partly owned by Aena Aeropuertos SA based in Madrid. Bolivian president Evo Morales said that the privatization of Sabsa in 1997 was equivalent to "robbery" and "looting". He claimed that since that time the company's profits have been exorbitant and investments "ridiculou...

real estate company Reyal Urbis filed for insolvency after failing to renegotiate debt with its creditors.

Spain's property market crash claimed another victim on Tuesday, as real estate company Reyal Urbis filed for insolvency after failing to renegotiate debt with its creditors. The move takes the property developer, which had 3.6 billion euros ($4.8 billion) of debt at the end of September, closer to becoming Spain's second-largest bankruptcy after Martinsa Fadesa, which defaulted on 7 billion euros of debt in 2008.Dozens of property companies...

TODAY'S AFFIRMATIONS

  I am 100% worthy of living an amazing life!  I accept the BEST that life has to offer me!  I am worth my own Love and affecti...

Europol says it has dismantled one of the most efficient cybercrime organizations, led by six Russians, two Ukrainians and two Georgians.

Headquartered in Spain, the cybercrime network had been extorting millions of euros from online users across Europe by persuading them to pay ‘police’ fines for visiting banned web sites. It locked a user’s computer, and sent a message in the form of a fake police warning, demanding 100 euros to unlock it.The criminals earned $1.35 million annual...